We've been tracking this chart for 2 weeks and till now its going as per plan. Now the recent move down and bounce appear to be wave 1 & 2 of red wave (5). Note how we are getting resistance at 0.618, which is typical of wave2
confirmation is below wave1
Stop is beginning of wave1
Targeting 20-21 cents
Previous plan
confirmation is below wave1
Stop is beginning of wave1
Targeting 20-21 cents
Previous plan
Komentar:
Stop hit. But as long as the price is within the green channel, I will consider this as a corrective bounce with the bottom target unchanged
